The markets rallied this week, despite more than 16 million people losing their jobs during the COVID-19 pandemic. Specifically, the S&P rose 12.1%… its best week since 1974. The Nasdaq went up 10.6% and the Dow an astounding 12%. There are many individual stocks that went up this week. Let’s take a look at five with large percentage gains over the past five days.
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The markets were closed for Good Friday, but that didn’t seem to matter. President Trump tweeted, “This week, in only 4 days, we had the biggest Stock Market increase since 1974. We have a great chance for the really big bounce when the Invisible Enemy is gone!”
5 Stocks That Rose the Week Before Easter Sunday
Independence Contract Drilling Inc. (NYSE: ICD)
Last: $6.25
5-Day Percentage Change: +285.80%
5-Day Price Change: +$4.63
5-Day High: $13.00
5-Day Low: $1.43
Ellington Financial Inc. (NYSE: EFC)
Last: $11.04
5-Day Percentage Change: +169.27%
5-Day Price Change: +$6.94
5-Day High: $11.83
5-Day Low: $3.68
Akers Biosciences (Nasdaq: AKER)
Last: $5.13
5-Day Percentage Change: +163.08%
5-Day Price Change: +$3.18
5-Day High: $8.85
5-Day Low: $1.85
Exantas Capital Corp. (NYSE: XAN)
Last: $3.48
5-Day Percentage Change: +116.15%
5-Day Price Change: +$1.87
5-Day High: $4.74
5-Day Low: $0.95
Pluristem Therapeutics Inc. (Nasdaq: PSTI)
Last: $6.97
5-Day Percentage Change: +111.85%
5-Day Price Change: +$3.68
5-Day High: $8.59
5-Day Low: $3.09
Is the Market Downturn Over?
We hope this list of stocks that went up this week is a sign of better days ahead. The markets certainly have rallied as of late. However, many investors feel the downturn is not over yet.
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